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Unaudited Condensed Consolidated Statements of Stockholders' Equity - USD ($)
shares in Thousands, $ in Millions
Total
Cumulative effect, period of adoption, adjustment
Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings
Retained Earnings
Cumulative effect, period of adoption, adjustment
Treasury Share Amount
Total Mr. Cooper Stockholders’ Equity
Total Mr. Cooper Stockholders’ Equity
Cumulative effect, period of adoption, adjustment
Non-controlling Interests
Shares outstanding, beginning balance (in shares) at Dec. 31, 2019     1,000 91,118              
Stockholders' equity, beginning balance at Dec. 31, 2019 $ 2,231 $ 7 $ 0 $ 1 $ 1,109 $ 1,122 $ 7 $ 0 $ 2,232 $ 7 $ (1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Shares issued / (surrendered) under incentive compensation plan (in shares)       852              
Shares issued / (surrendered) under incentive compensation plan (5)       (5)       (5)    
Share-based compensation 4       4       4    
Net income (loss) (171)         (168)     (168)   (3)
Shares outstanding, ending balance (in shares) at Mar. 31, 2020     1,000 91,970              
Stockholders' equity, ending balance at Mar. 31, 2020 2,066   $ 0 $ 1 1,108 961   0 2,070   (4)
Shares outstanding, beginning balance (in shares) at Dec. 31, 2020     1,000 89,457              
Stockholders' equity, beginning balance at Dec. 31, 2020 2,504   $ 0 $ 1 1,126 1,434   (58) 2,503   1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Shares issued / (surrendered) under incentive compensation plan (in shares)       1,183              
Shares issued / (surrendered) under incentive compensation plan (19)       (19)       (19)    
Share-based compensation 6       6       6    
Repurchase of common stock (in shares)       (4,505)              
Repurchase of common stock (148)             (148) (148)    
Net income (loss) 561         561     561   0
Shares outstanding, ending balance (in shares) at Mar. 31, 2021     1,000 86,135              
Stockholders' equity, ending balance at Mar. 31, 2021 $ 2,904   $ 0 $ 1 $ 1,113 $ 1,995   $ (206) $ 2,903   $ 1